S.H.N. Financial holds 9.99% of Zhongchao Inc. (ZCMD) after offering
Rhea-AI Filing Summary
S.H.N. Financial Investments Ltd. reports beneficial ownership of 395,900 Class A Ordinary Shares and related pre-funded warrants in Zhongchao Inc.. The filing states this equals 9.99% of the class based on 3,921,766 Class A Ordinary Shares outstanding after the offering. The reported position comprises 354,000 Class A Ordinary Shares and 41,900 Pre-Funded Warrants, and the filing notes additional Pre-Funded Warrants and Warrants exist that are each subject to a 9.99% beneficial ownership limitation. Nir Shamir is identified as CEO of the reporting entity and signed the filing on 06/05/2026.
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Insights
Large passive stake reported at the 9.99% ownership cap.
The filing shows 395,900 shares beneficially owned, reported as 9.99% of 3,921,766 Class A shares outstanding after the offering. The position combines 354,000 shares and 41,900 pre-funded warrants, and additional warrant pools are disclosed as context.
Timing and cash-flow treatment are not provided in the excerpt; subsequent filings may clarify whether these instruments convert or are exercised and how that affects ownership percentages.
Disclosure emphasizes beneficial ownership limits and entity attribution.
The report explicitly states a 9.99% beneficial ownership limitation applied to the reported pre-funded warrants and other warrant tranches. The filing attributes the position to S.H.N. Financial Investments Ltd. and discloses Nir Shamir as CEO of the reporting person.
Pay attention to the filing's stated basis for the percent (the issuer's prospectus and Form 6-K); any change in outstanding share count or exercise activity could alter the reported percentage.
Key Figures
Key Terms
Pre-Funded Warrants financial
beneficial ownership limitation regulatory
Schedule 13G regulatory
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